DraftKings Nearly Doubles Revenue As Company Rides Tailwinds in Q4 2020

If you bet on DraftKings this past quarter, you were a winner. The company reported a 98% year-over-year increase in revenue during Q4 2020, as well as a 44% increase in the number of unique paying customers. The sports betting and daily fantasy platform has also brought in some starpower this week, as Baseball Hall of Famer Cal Ripken Jr. joins DraftKings as a special advisor to the Board of Directors. Jason Robins, CEO at DraftKings, breaks down the factors leading to the company's recent success.
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